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Episode 1 on the Patent Value Podcast, directed at inventors, entrepreneurs and business owners looking to get an answer to the question how much is this patent worth? In our intellectual property valuation practice, we are often asked by patentees how they can get a proverbial back-of-the-envelope assessment of the value of their patents. What at first blush sounds like a reasonable request, its proper answer is not as easy as most would like to think. In this episode of the Patent Value Guide, we begin addressing the question from a practical perspective. In the end, we believe we shall see that not only is there no simple answer, but the question might not be the right one to begin with.

THIS WEEK'S EPISODE: Andrea Hence Evans, provides patent, trademark and copyright legal services to her clients that range from individuals to nationally and international companies. She is also the founder of KidGINEER STEM program.

Wealthy Sistas® Radio, is a production of Wealthy Sistas® Media Group, Each week the host Deborah Hardnett interviews extraordinary business owners who share their real life, uncensored and uncut stories of triumphs and mishaps on their journey. Each show is packed with sound business concepts that offer solutions to business professionals globally. And is intertwined with some of the greatest R&B music of all time. Listeners will find Wealthy Sistas® Radio show both informative and inspirational and entertaining.

Wealthy Sistas® Media Group – Promoting Positive People

Learn more about our Host Deborah Hardnett and services at wealthysistasmedia.com

Attorney Sarah Steele and writer Bennet Pomerantz discuss the subjects of the day.

The audience should know that although Ms. Steele is a licensed attorney, she is not offering legal advice in any capacity, is not establishing an attorney/client relationship with anyone listening to the show, and recommends that any listener of the show consult a local attorney for any legal advice they may require.

This show is about us discussing hot topics and how they relate to the law.

Tonight we discuss the topic of patent trolls and their newest potential victim, Adam Carolla. Patent trollers are organizations that buy abandoned patents and then sue anyone that infringes upon the same. One of the best known operations is called Personal Audio. Personal Audio is in the news claiming that podcasting itself violates a patent they hold. Personal Audio has sued three podcasters, including Adam Carolla's "ACE Broadcasting” for violating their patent. Tune in as Sarah and Bennet discuss this hotly debated topic in intellectual property.

A $368 million dollar patent infringement suit against Apple has been thrown out; Xerox is adding 1200 jobs in Kentucky; There is help for those who misplace items; Mike Weinstein has those stories and more.

Christopher Peil, Founder and Principal, Law Office of Christopher Peil, has spent most of his career in the San Francisco Bay area and has served Silicon Valley as a patent practitioner for nearly 15 years, representing all types of clients, from individual inventors and start-ups to major universities and Fortune 500 companies. He has a passion for helping people realize their business goals and their dreams and is fascinated by unusual technological niches. He was instrumental in securing a number of the assets, notably cookie technology, in the AOL patent portfolio, recently sold to Microsoft Corporation for more than one billion dollars.

Chris Peil says, "I'm excited to be participating with the Global Product Management Talk and Startup Product Communities because I think it's time we realized how much product management and marketing have to contribute in developing IP assets that function as effective business tools that support and facilitate achievement of organizational objectives."

Join us as we speak with Brad Fach of PatentFile, LLC. Brad Fach is the president and founder of PatentFile, LLC and has over 13 years of patent filing experience. Mr. Fach is registered to file patents by the US Patent and Trademark Office (USPTO Reg. No. 53,855) and has filed over 500 patent applications ranging from complex biotechnology inventions to consumer products and software. Brad will be discussing 5 things you need to know about the Patent process. Have a question for Brad, feel free to call in during the show. Hope you can tune in!

Patent Trolls - the very mention of their name strikes fear for a small business. Patent trolls are some of the biggest drains on American business -- they tie up time, resources, and, according to a 2011 study by Boston University, cost American businesses $29 Billion in that year alone. Join me on IP Money Talk on Thursday, August 8th. My guest will be Jonathan Sobel, an IP attorney with the firm of Sobel Feller (www.sobelfeller.com). We'll be discussing patent trolls and NPE's, what they are and steps a business can take to steer clear of them.